My bank (U.S. Bank) rejected me for an auto loan because I don't have a long enough credit history (I've only had my card since November of 2003). However, my credit score is 704.
I have a dealership in mind that my family has been using for ten years, and they promote their financing program as being able to help almost anyone secure an auto loan despite credit problems.
Anyone know if dealerships can get an auto loan easier than a bank? I do not want to have a co-signer.
2007-07-20 16:15:52 · 8 answers · asked by Anonymous in Business & Finance ➔ Credit
The best thing to do is apply with them and see what they have to offer with that credit score you should be able to negotiate the lowest rate possible ..kr
Good Luck!
2007-07-24 15:40:02 · answer #1 · answered by Miss Know It All 6 · 5⤊ 0⤋
For a very similar situation a found a great solution at: HTTP://CREDIT.QUOTEQUOTING.NET
RE Question about auto loan/financing...?
My bank (U.S. Bank) rejected me for an auto loan because I don't have a long enough credit history (I've only had my card since November of 2003). However, my credit score is 704.
I have a dealership in mind that my family has been using for ten years, and they promote their financing program as being able to help almost anyone secure an auto loan despite credit problems.
Anyone know if dealerships can get an auto loan easier than a bank? I do not want to have a co-signer.
2014-09-13 23:01:44 · answer #2 · answered by Hugibert 1 · 0⤊ 0⤋
1
2016-09-26 13:07:38 · answer #3 · answered by ? 3 · 0⤊ 0⤋
Auto finance iswhat I do for a living and auto loans are based on the following factors;
1. LTV (loan to value).
2. Term requested.
3. Age of vehicle.
4. Miles on vehicle.
5. Down payment.
6. Time on job.
7. Time at residence.
8. Monthly income before taxes.
9. Credit score/profile.
Go to your dealer and work with them. Due to your thin file, you may require Special Finance.
2007-07-21 03:16:10 · answer #4 · answered by ? 7 · 0⤊ 0⤋
Talk to the auto dealership - they will most likely be able to find financing for you.
Find out what rate banks and credit unions are giving these days so you'll know if they are giving you a decent rate.
2007-07-20 16:34:20 · answer #5 · answered by Judy 7 · 0⤊ 0⤋
You will find very useful this site for finding the best option for you CREDIT-SOLUTIONS.INFO
2014-05-08 04:01:08 · answer #6 · answered by Anonymous · 0⤊ 0⤋
You can try for the auto places finance,
Alternatively you can get a fast car loan off the web..
Just to point you in the direction of a free quote:
2007-07-22 08:55:37 · answer #7 · answered by nwoottonn 1 · 0⤊ 1⤋
yes they have alot of banks they use so its easier to find at least one to finance you and they do all the work for you
2007-07-20 16:25:01 · answer #8 · answered by Anonymous · 0⤊ 0⤋
I recommend you to check this site that can solve your doubts http://WWW.FINANCE-SOLUTIONS.INFO
2014-05-29 22:24:14 · answer #9 · answered by Anonymous · 1⤊ 0⤋
Find best solutions
2015-01-28 12:26:29 · answer #10 · answered by Delmer 1 · 0⤊ 0⤋